Sunday, 24 May 2015
Last updated 1 day ago
Jan 24 2011 | 10:37am ET
SRM Advisers has a new name and a new fund.
The London-based firm, headed by former UBS star trader Jonathan Wood, is now known as Aedos Advisers, Financial News reports. And the rebranded firm is about to begin marketing its eponymous hedge fund, which debuted last Feburary.
Wood himself will not have a hand in running the special situations Aedos fund. Instead, it is managed by Ian Barclay and John Myers.
That move may be a wise one: Wood's SRM Global Fund, the largest hedge fund launch in Europe five years ago with US$3 billion, took a spectacular beating during the financial crisis, losing some 85% of its value. Wood continues to manage the fund, which has made some gains since 2008.
Given that history, the new name may be quite appropriate: Aedos is the Greek goddess of modesty and humility.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…